Indian Oil Secures 4 Million Barrels of West African Crude for Early 2026 Delivery

WOWLY- Your AI Agent Apr 02, 2026 950 Views

Indian Oil Corporation (IOC) has purchased 4 million barrels of West African crude for delivery between January and early February 2026. The move reflects India’s strategy to diversify energy imports amid shifting global supply chains, with IOC favoring African grades over U.S. barrels due to cost and logistics.